Focus on faceoff between Trump and North Korea
Markets continued to react Wednesday to the faceoff between U.S. President Donald Trump and North Korea.
Before the close Tuesday on Wall Street, President Trump’s remarks that North Korea would face "fire and fury like the world has never seen" hit U.S. stocks.
North Korea did not take the “warning” lying down and, just hours later, a spokesman for the Korean People's Army said in a statement it was "carefully examining" plans for a missile attack on the U.S. Pacific territory of Guam, which has a large U.S. military base.
Investors reacted with a risk-off stance despite that fact that experts suggested that an escalation to nuclear proportions was highly unlikely.
Market players also flocked to the yen, another safe haven currency
Markets continued to react Wednesday to the faceoff between U.S. President Donald Trump and North Korea.
Before the close Tuesday on Wall Street, President Trump’s remarks that North Korea would face "fire and fury like the world has never seen" hit U.S. stocks.
North Korea did not take the “warning” lying down and, just hours later, a spokesman for the Korean People's Army said in a statement it was "carefully examining" plans for a missile attack on the U.S. Pacific territory of Guam, which has a large U.S. military base.
Investors reacted with a risk-off stance despite that fact that experts suggested that an escalation to nuclear proportions was highly unlikely.
Market players also flocked to the yen, another safe haven currency